Clarity that the fourth carbon budget has been accepted by the Government has been welcomed by the Renewable Energy Association (REA).

The Government has confirmed that greenhouse gas emission limits of 50 per cent against 1990 levels for 2023 to 2027 as recommended by the Committee on Climate Change (CCC).

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This is in order to meet a target set by the Climate Change Act of an 80 per cent reduction in emissions by 2050.

Under the fourth carbon budget, renewable energy and recycling and waste management measures will be key to meeting the targets.

REA chief executive Nina Skorupska (pictured) said: “The decision to keep the fourth carbon budget in line with the CCC’s advice is very good news for the green economy and the pursuit of a sustainable future.

“This decision puts independent expertise and long-term thinking ahead of the possible lure of political point scoring.

“Across renewable power, heating and transport fuels, investors need certainty that when it comes to the low carbon economy, the Government is in it for the long term.”